In a recent earnings call, Lu Weibing, President of Xiaomi Group, revealed that despite the general slowdown in the smartphone industry, Xiaomi's shipment target for this year stands firm at approximately 175 million units. He underscored the company's commitment to increasing its domestic market share by 1% annually while simultaneously maintaining growth in its average selling price (ASP). Looking ahead, Xiaomi has set a long-term objective of achieving annual smartphone shipments of 200 million units.
